Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-13 17.241213 19.644511 22.267081 25.342324 28.851024 32.731288 37.350609
2024-10-20 13.339397 16.348104 19.879225 24.332866 29.806363 36.321992 44.680452
2024-10-27 10.736488 14.050435 18.203404 23.798011 31.152663 40.512776 53.365973
2024-11-03 9.127989 12.706098 17.475715 24.313472 33.893782 46.884199 65.915600
2024-11-10 7.932396 11.707811 17.044304 25.161650 37.247595 54.658948 81.800581
2024-11-17 6.749885 10.530288 16.178972 25.268520 39.607880 61.493575 97.695612
2024-11-24 5.558307 9.137107 14.772566 24.337200 40.277206 65.978358 110.964818
2024-12-01 4.604246 7.954208 13.498908 23.399484 40.786180 70.329262 124.919050
2024-12-08 3.951713 7.159160 12.727462 23.166479 42.444834 76.898350 143.978530
2024-12-15 3.473473 6.585575 12.241032 23.350981 44.885378 85.287769 168.021396
2024-12-22 3.037827 6.014437 11.664387 23.270170 46.830451 93.139467 192.672888
2024-12-29 2.768815 5.716089 11.550978 24.066567 50.640244 105.289015 228.420037
2025-01-05 2.446722 5.267481 11.092821 24.143172 53.132676 115.529940 262.978506
2025-01-12 2.105982 4.719246 10.338451 23.462355 53.906196 122.366466 291.733015
2025-01-19 1.849099 4.307236 9.803435 23.168832 55.504467 131.379515 327.661773
2025-01-26 1.696110 4.103965 9.698333 23.853764 59.549699 146.900763 383.070165
2025-02-02 1.578348 3.962804 9.713500 24.838858 64.554445 165.810943 451.667504
2025-02-09 1.430652 3.720940 9.444996 25.068385 67.711764 180.794881 513.577340
2025-02-16 1.249414 3.359942 8.815974 24.240703 67.920357 188.168959 556.328440
2025-02-23 1.092112 3.033155 8.217467 23.381067 67.879480 194.909021 599.074907
2025-03-02 0.983855 2.820509 7.886069 23.207363 69.777875 207.573976 662.996287
2025-03-09 0.903583 2.672119 7.705792 23.440070 72.948127 224.694921 745.390560
2025-03-16 0.822847 2.507336 7.449606 23.397252 75.282568 239.839832 825.404845